9493 W 14th Ave - Apartments FOR SALE


Lakewood, CO 80215- Eiber
$1,800,000 USD
303-889-9062
9493 W 14th Ave, Lakewood, CO for Sale
$1,800,000 USD
Apartments - FOR SALE
1/27
null | 6.64% Cap Rate

9493 W 14th Ave
Lakewood, CO 80215
Eiber


HIGHLIGHTS

  • Fully turn-key 8 unit apartment building renovated in 2025
  • Excellent unit mix including six large 2-bed units and two 3-bed units
  • Stabilized with brand new annual leases at or above market rate
  • New commercial coin-op washers and dryers
  • 8 new panels and meters
  • New finishes in half of the units with upgrade to interior on the other remaining half

OVERVIEW

-Fully turn-key 8-unit apartment building located only 0.3 miles form the Garrison Light Rail Station with ease of access to Downtown Denver. -Excellent unit mix that includes six large 2-bedroom units and two 3-bedroom units that leased-up very quickly and already achieving high rent. -Property recently went through a whole new rehab and renovation process. Upgrades include: -8 new panels/meters -All new electrical in half of the units -All new electric baseboard heat in all 8 units. -All new plumbing in half of the units -Updated sprinkler system -New finishes throughout half of the units, essentially brand new units -New commercial (coin-op) washers and dryers

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

8

PRICE/UNIT

$225,000

CAP RATE

6.64%

% LEASED

100%

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-5

APN/PARCEL ID

49-032-03-007

ASK ABOUT THIS PROPERTY

Paul HansonCapital Property GroupMore Info
303-889-9062

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Paul HansonCapital Property GroupMore Info
303-889-9062

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.